Your satisfaction is our priority, and we look forward to supporting you in the future. Lime Fx demo accounts are easy to set up limefx broker reviews and come with live pricing, virtual account balances of up to $100,000 and unlimited usage. The broker does not have a minimum deposit requirement to open cent, zero, and premium accounts.
Lime Fx Trading App is the in-house app developed by Lime Fx allowing traders to trade from their smartphones. The main benefit of using this app is that logging into your trading account is easier since it can be done with your Lime Fx credentials. You also will not need to select the MT4 or MT5 server you wish to use and lastly funding your account can be done directly via the app. The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks.
What Demo Account Does Lime Fx Offer?
Lime Fx provides a variety of account options with 5 different accounts based on specific requirements. The range offers Cent, Zero, Pro, Premium, Top-up Bonus, Copy Trading and PAMM account with Swap Free Trading, also you can select the Islamic Account suitable for traders from the MENA region or beyond. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Forex Risk Disclaimer
- Established in 2010, and with more than 200 staff globally, the company is one of the top 10 retail forex brokers (by volume) in the world (see Forex Trading Statistics).
- One of the most ignored trading costs is swap rates on leveraged overnight positions.
- It constitutes a claim of the covered clients against investment firms.
- Lime Fx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts.
- However in jurisdictions where there is no government regulation (such as Nigeria), trading accounts are registered under offshore regulation; meaning under laws of foreign countries.
Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries. Yes, Lime Fx is good for beginners as it offers high-quality research, a well-thought-out introduction to trading, accounts with no minimum deposit, and a trustworthy trading environment. The Lime Fx Trader’s Board has data on how Lime Fx clients trade and a lucrative partnership program is also available. Lime Fx offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist.
How do I manage my risk?
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. While placing an order you should manage your risks smartly while tools like Limit Order and Stop loss orders will assist you, since they are the most basic risk management toos. Stop loss will set a particular position to be automatically closed at the predetermined price, sot that you won’t lose more than you define. Also, Lime Fx provides good calculators and trading journal to keep track on your performance and is highly advised by us for use too. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.
MetaTrader4 (MT4) is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with. We tested the platform with Lime Fx and except for some limefx forex broker personalised branding, MT4 with Lime Fx has all the features we expect to see. I like to note the awards for best trading conditions and client security, as they belong to the Lime Fx core offering to traders, where Lime Fx excels. Lime Fx offer their proprietary online trading app, which is available for both Android and iOS. Clients can access their accounts through the app and trade more than 1200 CFDs.
Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Like other accounts above, the premium account allows you to open a minimum trade size of 0.01 lot, a trade size increment of 0.01, and a maximum trade size of 60 standard lots per position. The spread starts at 0.0 pip for forex and a commission of $3 per side per lot on currency pairs. For Gold, you will be charged a commission of $14 per round for every 100 ounces traded.
Meanwhile, the Pro account requires a minimum deposit of $100 or a similar amount in your base currency. While some other brokers offer even more markets to trade, we think Lime Fx has a good range of products overall. Lime Fx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts. All accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t expect any hotshot trading advice from your account manager.
Another important point while choosing the broker and within our Lime Fx Review is customer service. Lime Fx provides an award-winning MT4 Platform as its main trading software and its newer version MetaTrader 5. One of the Lime Fx Pros is offered market range that includes 17 trading tools and 500+ trading products with access to global markets offered for trading on CFD basis. These include Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and included for last year’s offering to trade Cryptocurrencies with Bitcoin, Ethereum, Litecoin, Ripple and more.
On the other hand, Lime Fx has limited portfolio for EU clients, with only Forex and CFDs are offered. Also, international trading is done via offshore branches with lower requirements, however Lime Fx has good reputation so is considered to sign in. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. The upgrades result in a very competitive solution, and Lime Fx also developed its proprietary mobile app, HF App. Based on our Expert finds, Lime Fx provides good trading conditions that might be some of the best for Forex trading and CFDs trading, also available in a global scale for international trading. Lime Fx is suitable for various traders including European clients, Africa and Asia traders, also beginning traders and experienced looking for good technical trading solutions. HF Markets offers three trading platforms; their flagship mobile trading app called the Lime Fx App, as well as the popular MT4 and MT5 platforms.
HF Markets offers swap-free trading on all their accounts, but this only works for Forex and Gold. However in certain jurisdictions like Nigeria, swap-free covers all trading instruments so Nigerians don’t pay or earn swaps. The minimum trade size in the Pro account is 0.01 lot, and you can make a trade size increment of 0.01.
Lime Fx has the usual range of CFD trading instruments such as Forex, cryptos, commodities, stocks and indices. Perhaps most interesting was the ability to purchase the physical stocks (i.e. the underlying instrument) but this feature is not available for UK and South African clients. Other good features we think are worth noting include being regulated in 6 different countries or regions. A four tier loyalty program rewards active traders with cash rebates and other perks. Lime Fx also introduced a Return on Free Margin program, paying up to 3.00% on the available margin, calculated daily, and paid monthly directly into the myHF wallet.
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